Ecobank Transnational (NSA:ETI) Interest Expense : ₦-3,467,600 Mil (TTM As of Dec. 2023)

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What is Ecobank Transnational Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ecobank Transnational's interest expense for the three months ended in Dec. 2023 was ₦ -243,212 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₦-3,467,600 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Ecobank Transnational's Operating Income for the three months ended in Dec. 2023 was ₦ Mil. Ecobank Transnational's Interest Expense for the three months ended in Dec. 2023 was ₦ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ecobank Transnational Interest Expense Historical Data

The historical data trend for Ecobank Transnational's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ecobank Transnational Interest Expense Chart

Ecobank Transnational Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-940,110.34

-685,933.66

-751,107.09

-857,042.31

-990,026.67

Ecobank Transnational Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-269,723.37	-2,737,893.26	-260,133.03	-226,361.00	-243,212.24

Ecobank Transnational Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-3,467,600 Mil.

Ecobank Transnational (NSA:ETI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ecobank Transnational Inc (NSA:ETI) » Definitions » Interest Expense

Traded in Other Exchanges

ETI:Ghana ETIT:Cote d'Ivoire

Address

2365, Boulevard du Mono, Lome, TGO, 3261

Website

https://www.ecobank.com

Ecobank Transnational Inc is a pan-African banking group that through its subsidiaries provides retail, investment, and corporate banking services to governments, financial institutions, multinationals, local companies, small and mid-size enterprises(SMEs), and individuals. It provides banking services throughout sub-Saharan Africa outside South Africa. Its activities are grouped into three customer-focused business segments namely Corporate and Investment Bank, Commercial banking, and Consumer. The company's Geographical segments include Francophone West Africa (UEMOA), Nigeria, Anglophone West Africa (AWA), Central, Eastern and Southern Africa (CESA), and others.

Ecobank Transnational (NSA:ETI) Headlines

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